Personal loans in Memphis, TX

What the Census records for Memphis

Two layers matter for a Memphis borrower: the local population picture and Texas's consumer-lending statutes.

• Population: the Census counts 2,035 residents in Memphis (Vintage 2023 subcounty estimate), the 594th-largest figure among Texas's 1,224 places.
• Population trend: A loss of roughly 0.3% between 2020 and 2023.
• Absolute change: 6 residents lost between 2020 and 2023.
• Size percentile: Memphis sits ahead of around 51% of Texas places, at 2,035 people.
• Population density: 907 people per square mile on 2.2 square miles of land.
• Land area rank: Memphis's 2.2 square miles rank 638th of 1,224 places in Texas.
• State population share: Memphis accounts for about 0.0% of everyone in Texas.
• National standing: Memphis ranks 7,560th of 19,457 US places.
• Growth rank: Memphis's 2020-to-2023 change ranks 896th of 1,224 places in Texas.
• State comparison: Texas's places average +6.5% for 2020-to-2023, against Memphis's 0.3%.
• Density in Texas: Memphis ranks 574th by people per square mile.
• Density vs Texas: Memphis's 907 people per square mile compare with a state median of 840.
• Location: 34.7267, -100.5417 (Census Gazetteer coordinates).
• Nearest larger cities: Childress (25 mi); Quanah (54 mi); Mangum (60 mi); Pampa (62 mi); Panhandle (64 mi). For most borrowers the comparison happens online, not at a branch.
• Nearest smaller towns: Lakeview (10 mi); Hedley (12 mi); Estelline (14 mi).
• Smaller places within 50 miles: 16 of them.
• At 100 miles: 21 larger Census places fall inside that radius.

Steps to take before a Memphis loan

Before you apply in Memphis, a community of about 2,035, work through these steps:

1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
2. Price the payment first with our personal loan calculator before any lender quotes you.
3. Shop at least three lenders and judge them on APR and total cost.
4. Look the lender up in the Texas regulator's licence records before you sign.
5. Check the disclosure for fees that raise the true cost above the quoted rate.
6. Check that the monthly payment fits your budget next to your existing obligations.
7. Choose a term you can live with; stretching it lowers the payment but raises total interest.

None of these steps is Memphis-specific: the same Texas licensing and disclosure rules reach all 2,035 residents.

How lenders reach Memphis

At roughly 907 people per square mile, Memphis is moderately settled; 1 larger places lie within 50 miles. A Texas licence lets a lender serve Memphis without a local office, so branch density does not change what its 2,035 residents are offered. For a larger market, the closest option is Childress, TX about 25 miles away.

How a Memphis personal loan is priced

Memphis is a small community of about 2,035 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Federal Truth in Lending rules require a Memphis lender to disclose the APR and finance charge before you sign. Because the payment is fixed, the total cost of a Memphis loan is knowable in advance — unlike a revolving card balance.

Memphis's place among Texas's 1,224 places

Memphis is the 594th-largest of 1,224 Census places in Texas and contains about 0.0% of the state's people. On the 2020-to-2023 trend, Memphis stands 896th among Texas's 1,224 places — roughly the 27th percentile. At about 907 people per square mile, Memphis is the 574th most densely settled place in Texas. The population moved by about 6 people between 2020 and 2023, a 0.3% shift.

Texas rules behind a Memphis personal loan

Every row below records a Texas rule, its publisher and its retrieval date — the same rules a Memphis lender must follow.